Facebook stock plunge: Brief setback or portent of trouble?

Published 07-27-2018

0 Ratings

NEW YORK (AP) - Thursday's massacre of Facebook shares, which plunged 19 percent in the biggest one-day drop in history, answers one big question. Turns out the stock can fall every bit as fast as it rises.

But others await. Is this a temporary setback for the giant social network, or the start of a painful new journey? And does it portend similar trouble for other high-flying tech giants?